Island Pacific Energy completed a116 kW system that consists of 432 Suntech solar modules and a single PVPowered 100kW inverter installed on the roof of Young Brothers’ maintenance building at Pier 40 in Honolulu Harbor. The system provides nearly 70 percent of the electrical demand of the building, producing over 180,000 kWh of electricity each year.

Island Pacific Energy, LLC has completed a 116kW photovoltaic system for Young Brothers at its Pier 40 location at Honolulu Harbor. To pay for the system, Island Pacific Energy provided innovative financing that enabled Young Brothers to acquire the system for no money down with immediate savings.

“We are extremely pleased with the results,” said Glenn Hong, President of Young Brothers, Limited. “Island Pacific Energy was able to deliver the complete package we were looking for: excellent value and terms, close attention to our specific needs, fast and professional installation, and innovative financing,” he continued.

The 116 kW system consists of 432 Suntech solar modules and a single PVPowered 100kW inverter installed on the roof of Young Brothers’ maintenance building at Pier 40 in Honolulu Harbor. The system provides nearly 70 percent of the electrical demand of the building, producing over 180,000 kWh of electricity each year. The clean, renewable energy generated by the system is enough to power over 1,000 light bulbs for an entire year and is equivalent to burning over 15,000 gallons of gasoline. With this system, Young Brothers helps the environment by avoiding more than 4,000 tons of carbon dioxide and other harmful emissions over the life of the system.

The photovoltaic installation includes a sophisticated monitoring and reporting system that enables users to track the energy generation of the system. The web-based monitoring system is accessible to all employees and customers and can be accessed from any computer on the Internet. Live
monitoring data is available via http://www.youngbrothershawaii.com.

Island Pacific Energy, LLC has completed a 116kW photovoltaic system for Young Brothers at its Pier 40 location at Honolulu Harbor. To pay for the system, Island Pacific Energy provided innovative financing that enabled Young Brothers to acquire the system for no money down with immediate savings. (L to R) From Island Pacific Energy, President Joseph Saturnia and Vice President Clinton O’Neill. From Young Brothers, Vice President, Administration Bruce McEwan; Manager of Strategic Planning & Government Affairs Nami Ohtomo; Hilift Shop Superintendent Chris Martin; Barge Terminal Superintendent Carlos Garcia; and Vice President, Strategic Planning & Government Affairs Roy Catalani.

“Young Brothers is one of our many clients that we help to attain their goals of saving money, and becoming energy efficient and environmentally friendly,” said Joseph Saturnia, President of Island Pacific Energy. “We are excited that Young Brothers selected us as their choice provider of solar energy needs.”

To make this system possible for Young Brothers, Island Pacific Energy arranged for innovative tax equity financing that eliminated the typical payback period associated with photovoltaic systems. Young Brothers saves money immediately, because the savings in electricity is greater than their monthly lease payments.  In addition, Young Brothers is able to pass on those savings to their customers, and the company pays no money down and does not have to worry about the complexity of tax credits, treasury grants, or depreciation. Island Pacific Energy will also support Young Brothers with maintenance and monitoring services for the term of its lease.

For more information, please contact Island Pacific Energy LLC at info@islandpacificenergy.com or (808) 377-4570 or visit www.islandpacificenergy.com.

About Island Pacific Energy
Island Pacific Energy is Hawai‘i’s Renewable Electric Company^TM. The solar energy systems installed, owned, operated and/or maintained by Island Pacific Energy provide millions of kWh of clean renewable energy for the people of Hawai‘i each year. In recognition of our achievements to make renewable energy more accessible to the people of Hawai‘i, Island Pacific Energy received the Governor’s Award for Innovation. For more information, please visit http://www.islandpacificenergy.com.